CEG acquires trio of buildings in Rotherham business park
CEG has acquired three buildings at Callflex Business Park in Rotherham on behalf of its investors for an undisclosed sum.
Cushman & Wakefield acted for CEG whilst Knight Frank advised the vendor, Bourdon Park SARL.
The three detached office buildings ,which total 97,000 sq ft, are multi-let to Port@l, Telereal Trillium and Keepmoat.
The buildings are situated in a prominent position in the commercial area of Dearne Valley.
Simon Marshall from Cushman & Wakefield’s investment agency team said: “We were delighted to acquire this asset for CEG as they continue to source value add opportunities nationwide.
“Callflex Business Park benefits from solid underlying fundamentals, with a number of long-term tenants.”
Richard Brooke from Cushman & Wakefield added: “Callflex Business Park provides some of the best quality office accommodation within the locality and CEG have an excellent opportunity to further enhance the asset.”
Graham Foxton at Knight Frank Leeds advised the vendor.
Want your business, product or service to be seen regionally and nationally? Bdaily helps you get your story in front of the right audience, every day. Find out how Bdaily can help →
Join more than 55,000 subscribers by signing up to our daily bulletin each morning here.
Enjoy the read? Get Bdaily delivered.
Sign up to receive our popular Yorkshire & The Humber morning email for free.
Don't get caught out by employment law change
When literacy thrives, our businesses thrive too
Building a more diverse construction sector
The value of using data like a Premier League club
Raising the bar to boost North East growth
Navigating the messy middle of business growth
We must make it easier to hire young people
Why community-based care is key to NHS' future
Culture, confidence and creativity in the North East
Putting in the groundwork to boost skills
£100,000 milestone drives forward STEM work
Restoring confidence for the economic road ahead